Finance and Budget Modeling Task Force

Charge

The Finance and Budget Modeling Task Force will create a new budget model that is transparent, data-driven, supports entrepreneurship and innovation, and aligns resources needed for our strategic mission, vision and themes. In addition to assessing our current financial practices, this task force will develop strategies to optimize our financial resources and our expenditures by adopting best financial practices.

THEME:
Operational and Infrastructure Excellence



Guiding Principles

  • Align resources with institutional priorities (supporting students, as that is part of our institutional policies, priorities)
  • Support the decision-making process with reliable data and analysis
  • Improve budget transparency
  • Incentivize revenue growth and cost effectiveness
  • Improve fiscal accountability and management of resources
  • Evaluate budget process periodically and adjust as necessary

Task Force Members

Kathy Funk-Baxter
Chair,
Vice President for Business Affairs
Kimberly Andrews Espy
Co-Chair,
Provost and Vice President for Academic Affairs
Sam Gonzales
Co-Chair,
Vice President for Student Affairs
Bernard Arulanandam
Executive Sponsor,
Interim Vice President for Research, Economic Development and Knowledge Enterprise
Tammy Anthony
Assistant Vice President for Budget, Planning & Development, VPBA
Lisa Blazer
Interim Vice President for Strategic Enrollment
Natasha Burns
Faculty Senate Representative,
Associate Professor, Department of Finance, COB
Andrea Chavez
Staff Council Representative
Budget Performance/Project Analyst, Facilities Business Operations
Mariah Crippen
Student Government Association Representative
Margo DelliCarpini
Dean, College of Education & Human Development
Mark Stephen Giles
Associate Professor, Department of Educational Leadership, COEHD
Howard Grimes
Dean, College of Sciences
Rhonda M. Gonzales
Interim Vice President for Student Success
Jackie Hobson
Director of Student Affairs Budget/Finance, VPSA
Elvira Leal
President's Office Representative
Assistant Vice President for Strategic Initiatives, Office of the President
Paul LeBlanc
Chair, Department of Communications, COLFA
Beth Manning
Director of Research Financial Administration, VPR
Harry Millwater
Associate Dean, College of Engineering
John Nix
Faculty Senate Representative
Professor, Department of Music, COLFA
Gerry Sanders
Dean, College of Business
Can Saygin
Interim Senior Vice Provost for Institutional Effectiveness and Strategic Initiatives & Dean,
Graduate School, VPAA
Steve Wilkerson
Associate Vice Provost for Institutional Effectiveness, VPAA
Bryan Wilson
Interim Vice Provost for Information Technology & Chief Information Officer, VPAA
Krystal Castillo Villar
Associate Professor, Department of Mechanical Engineering, COE

Consultants

Huron
  • Greg Bedell, Managing Director
  • Mark Finlan, Managing Director
  • Tom Briggs, Higher Education Consulting Manager

Meeting Minutes, Documents and Presentations


Timeline

October 2017 – December 2017
  • Finance and Budget Modeling Task Force Launched in mid-October 2017
  • Huron Consulting Group Phase I -  Due Diligence with Financial Diagnostic
January 2018 – March 2018
  • Steering Committee established (January 2018)
  • Huron Consulting Group Phase II – Budget Model Development
    • Model Vision Development (January 2018)
    • Model Structure Development (January – February 2018)
    • Pro Forma Model Development (February – March 2018)
    • Scenario Testing and Sensitivity Analysis (Late March 2018)
    • Town Halls
      Tuesday, March 27 | 1:30 – 3:00 p.m. | Retama Auditorium, UC 2.02.02 | Main Campus
      Wednesday, March 28 | 3:00 – 4:30 p.m. | Frio Street Building, FS 1.512 | Downtown Campus
April 2018 – July 2018
  • Huron Consulting Group Phase III – Stakeholder Engagement
    • Deans Model Orientation and Review (April 2018)
    • Department Chair Meetings (Mid/Late April – May 2018)
    • Additional Stakeholder Engagement: Budget Model Panel Discussion (June 26, 2018)
    • Ongoing Model Refinement (April – June 2018)
    • Budget Model Training (June or July 2018)
    • Deans Retreat (July 16, 2018)

Subsequent phases will be launched as needed.